ARES Stock Recent News

$12.8 Billion in New Commitments Closed in the Second Quarter, Reaching a Record of $38.3 Billion Closed in the 12 Months Ended June 30, 2024 NEW YORK, NY / ACCESSWIRE / August 2, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct lending commitments across 295 transactions in the 12 months ended June 30, 2024. The $38.3 billion of commitments over the 12-month period represents a new record for the U.S. Direct Lending business.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2024. GAAP net income attributable to Ares Management Corporation was $94.9 million for the quarter ended June 30, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.43 for the quarter ended June 30, 2024. After-tax realized income was $332.0 million for the qu.

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Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Diversified asset manager Ares Management Corporation (ARES) is growing and has delivered strong dividends for shareholders.

NEW YORK, NY / ACCESSWIRE / July 1, 2024 / Ares Management Corporation announced today that it will report earnings for the second quarter ending June 30, 2024 on Friday, August 2, 2024 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m.

LONDON--(BUSINESS WIRE)--RSK Group Limited (“RSK” or the “Company”), a global leader in the delivery of sustainable solutions, today announced it has entered into an agreement to receive a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners, L.P. (“Searchlight”), and Ares Management Corporation funds (“Ares”). In addition, Ares has committed an incremental £300 million debt facility to further support RSK's growth plans, bringing total available debt f.

Ares Management (ARES) is exploring a potential merger deal with GLP Capital, a real estate investment firm.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 2,650,000 shares of Class A common stock, par value $0.01 per share (“Class A common stock”), of the Company at a public offering price of $134.75 per share of Class A common stock. In addition, Ares has granted to the underwriters of the Offering an option to purchase up to an additional 397,500 sh.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the launch of an underwritten public offering (the “Offering”) of 2,650,000 shares of Class A common stock, par value $0.01 per share (“Class A common stock”), of the Company. Ares expects to grant to the underwriters of the offering an option to purchase up to 397,500 additional shares of Class A common stock. Ares intends to use the net proceeds from the offering for general corporate.